Sunday, July 15, 2012

Freddie Mac: Mortgage Rates Push Into Record Territory Again

This week’s Primary Mortgage Market Survey from Freddie Mac showed that mortgage rates once again plunged into record territory. �The average rate on a 30 year mortgage fell from 3.62% to 3.56% this week. �15-year fixed mortgages fell 3 basis points to 2.86% on average, while the 5/1 ARM dropped 5 basis points to 2.74%. [...]

Source: http://www.totalmortgage.com/blog/mortgage-rates/freddie-mac-30-year-fixed-rate-mortgage-falls-to-3-56/17593

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